DGAP-News: CENTROSOLAR extends manufacturing capacity for solar modules 'Made in Germany' by 40 % to 155 MWp


Centrosolar Group AG / Strategic Company Decision

19.04.2010 11:17 

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Munich / Wismar, April 19, 2010. Centrosolar Sonnenstromfabrik GmbH, one of
the largest solar module manufacturing plants in Europe and a fully owned
subsidiary of the listed CENTROSOLAR Group AG, has started up a new
production line for solar modules. The official opening event to mark the
production start was attended by representatives of the company and
Reinhard Bütikofer, Deputy Floor Leader of the Greens in the European
Parliament. The commissioning of the additional production line means the
company has increased its production capacity from previously around 110
MWp to a present 155 MWp.

The new production line is already the fourth one turning out solar modules
with the quality cachet 'Made in Germany'. With a capacity of 45 MWp, the
new line will now be producing an extra 1,000 solar modules a day. The
crystalline solar modules being manufactured are destined for use
particularly in solar systems on private houses. The new line is moreover
capable of building 72-cell high-performance modules with an output of up
to 300 W. The equipment used for the fully automated equipment line has
furthermore been sourced exclusively from reputable German manufacturers.
Dr Alexander Kirsch, Management Board Chairman of CENTROSOLAR Group AG,
believes the latest extension emphatically demonstrates the company's
belief in and commitment to manufacturing at the Wismar location. 'Quality
manufacturing in Germany is a major aspect of our business success, both in
Germany and internationally. Demand for our modules from Wismar meant the
output of the existing three lines was already fully taken up. The extra
capacity will now enable us to meet domestic and international demand even
more effectively.' The production capacity of the current Wismar plant,
which was built as recently as 2008, had previously already been upgraded
from 70 MWp to 110 MWp in response to increased sales.

About CENTROSOLAR Group AG
CENTROSOLAR Group AG (ISIN DE0005148506) is among Europe's leading
suppliers of photovoltaic (PV) systems for roofs and related components,
with currently more than 1,000 employees and revenue of more than EUR 300
million in 2009. It generates around half its revenue internationally. The
company has its own sales offices in Germany, Spain, France, Italy, Greece,
the Netherlands, Switzerland and the USA. For further information, visit:
http://www.centrosolar.com/


Georg Biekehör, MetaCom Corporate Communications GmbH
Tel.: +49 (0)6181 98280-30
e-mail: g.biekehoer@go-metacom.de




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Language:     English
Company:      Centrosolar Group AG
              Walter-Gropius-Str. 15
              80807 München
              Deutschland
Phone:        +49 (0)89 20 1800
Fax:          +49 (0)89 20 180 555
E-mail:       info@centrosolar.com
Internet:     www.centrosolar.com
ISIN:         DE0005148506
WKN:          514850
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, München, Düsseldorf, Stuttgart
 
End of News                                     DGAP News-Service
 
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